Search For "new india cooperative bank"
Government actively considering raising deposit insurance limit beyond Rs
Updated : 1 year, 3 months ago IST
Deposit insurance, as we know it today, was introduced in India in 1962. India was the second country in the world to introduce such a scheme, the first being the US in 1933. Banking crises and bank failures worldwide underscored the need for depositor protection.
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Maharashtra: Both accused in New India Cooperative Bank scam sent to polic
Updated : 1 year, 3 months ago IST
A Mumbai holiday court on Sunday sent New India Cooperative Bank scam accused Hitesh Mehta and Dharmesh Paun to police custody till February 21.
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Mumbai's EOW summons ex-bank general manager Hitesh Mehta over Rs 122 cror
Updated : 1 year, 3 months ago IST
The accused is alleged to have misappropriated Rs 122 crore during his tenure overseeing the bank's Dadar and Goregaon branches in Mumbai.
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Mumbai's EOW starts investigation on alleged irregularities in New India C
Updated : 1 year, 3 months ago IST
The bank representative has complained about the same to to EOW, following which his statement was recorded.
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RBI supersedes New India Cooperative Bank board for 12 months
Updated : 1 year, 3 months ago IST
Reserve Bank of India superseded the Board of Directors of New India Cooperative Bank Ltd, Mumbai, for a period of 12 months, the central bank said in a statement Friday, a day after it imposed several restrictions on the lender.
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